Vedanta Partners Chooses Quantrix for Business Modeling Solution in Australia and New Zealand

Business consulting firm will use Quantrix to develop financial simulations for its customers in markets including mining, oil and gas, energy, and utilities

PORTLAND, ME – October 29, 2015 – Quantrix has announced that Australia-based business consulting firm Vedanta Partners has joined the Quantrix Partner Network, and will sell and support its financial and data modeling solution throughout Australia and New Zealand. Vedanta will use Quantrix Modeler to support business decision making for its customers in vertical markets that include mining, oil and gas, energy, utilities, and financial services. Quantrix Modeler is a multidimensional business planning software solution that enables financial professionals to break away from the restrictions of spreadsheet technology and enterprise business intelligence applications to quickly develop financial models of the highest integrity, flexibility, and transparency.

Vedanta Partners chose Quantrix Modeler to develop multidimensional business models for its customers. “Changing market scenarios in Australia’s commodity-driven economy mean that we need to measure the impact of a wide array of variables before recommending any business decision,” says Ravi Jain, Managing Partner, Vedanta Partners. “Quantrix helps us develop flexible, multidimensional models that are cost-effective, and that reduce the complexity of spreadsheet-driven models. These financial simulations will be extremely powerful for our business decision-maker customers.”

Vedanta Partners will join a network of partners that provides localized product and support to customers in more than 50 countries. Most Quantrix partners have strong industry domain knowledge and use Quantrix Modeler to deliver value-added professional services. Vedanta’s use of Quantrix Modeler will help companies compete in a volatile market where margins have become increasingly tight.

“Quantrix is excited that Vedanta has chosen Quantrix Modeler as its modeling solution for its customers and for its business consulting experts,” says Michael Salisbury, Director, Quantrix. “We are excited to team with them as they bring better decision making solutions to market in Australia and New Zealand.”

About Quantrix

Quantrix’s business modeling and analytics (BMA) solutions and services enable companies to develop accurate, secure, and dynamic forecast, budget, planning, risk, and data models. Quantrix Modeler provides unprecedented business intelligence and improved business performance management to customers in 50 countries. It delivers rapid return on investment by empowering business and financial professionals to break away from restrictive two-dimensional spreadsheets and complicated modeling and business intelligence tools. Quantrix Modeler is available directly from the company and from its partners in the United Kingdom, Ireland, China, Australia, New Zealand, Germany, Mexico, Chile, South Africa, the Philippines, Italy, and Brazil. Quantrix is an independent business unit of IDBS, a leading worldwide provider of data management, analytics, and modeling solutions. For more information about Quantrix Modeler, or to activate a free 30-day trial, visit http://www.quantrix.com or call +1 207.775.0808.

Media Contact for Quantrix:

Alison Harris
Harris Media Services
+1 207.829.4500
alison@harrismediaservices.com

Contact at Quantrix:

Mike Salisbury, Director
Quantrix
+1 207.775.0808
msalisbury@quantrix.com